8540 E MCDOWELL Road 122, Mesa, AZ 85207, Mesa, 85207 - 4 bed, 4 bath
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Mesa, AZ 85207
This Hacienda-Style Custom Estate represents a Prime Investment Opportunity, with a List Price of $1,265,000—positioned well below the $1,311,354 Fair Market Value by 3%. This valuation gap offers $46,354 in Instant Equity. Maintaining a Move-In Ready Condition Rating, the property features 14-foot ceilings, a Pebble Tec pool, and panoramic mountain views from a dedicated deck. Recent 2024 updates, including a new roof and fresh paint, ensure immediate lifestyle quality and reduced maintenance overhead. This is an ideal acquisition for Owner-Occupants or Luxury Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8540 E MCDOWELL Road 122 Subject | $1,265,000* List Price | 4 | 4 | 3,827 | $343 | - |
A 8540 E MCDOWELL Road 10 Active | $1,299,000 List Price | 4 | 3 | 3,425 | $379 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant recent capital improvements, including a new roof, fresh interior/exterior paint, and updated landscaping as of 2024. While the interior aesthetic—characterized by Saltillo tile, glass block shower enclosures, and oak cabinetry—reflects its 1998 build date, the home has been meticulously maintained. The high-end custom features such as 14-foot ceilings, 8-foot solid wood doors, and a Pebble Tec pool elevate the quality above a standard 'fair' rating, despite the dated stylistic choices.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43364, living area = 3827.
The property offers worry-free living with a new roof, fresh interior and exterior paint, and completely redone landscaping and irrigation as of 2024.
Situated on a rare corner lot of nearly an acre, the estate features a dedicated view deck providing panoramic mountain and valley vistas along with a private Pebble Tec pool.
While authentic to the Hacienda style, the extensive Saltillo tile and 1998 original design elements may require modernization to appeal to buyers seeking contemporary luxury trends.
The nearly one-acre lot size combined with a large pool and significant square footage suggests higher-than-average ongoing costs for utilities, cleaning, and landscape preservation.
Located in the highly sought-after community of Thunder Mountain Estates, this Hacienda-Style custom estate sits on a rare corner lot nearly an acre in size! Park in the massive 4-car garage or 2 driveways. This home features 4 bedrooms, including two HUGE primary & guest suites. Standing tall, this home showcases oversized windows, 8' solid wood doors, soaring 14'ceilings, and Saltillo tile throughout. 6 exterior doors & 4 porches provide quick access to anywhere on the grounds, including a view deck for unforgettable sunsets & panoramic views of the mountains and valley. Enjoy the Pebble Tec pool (walled for privacy) on those hot Az summer days. This home offers worry-free living with new roofs, fresh interior/exterior paint, & landscaping/ irrigation all redone in 2024.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 4.0 | 3.0 | 81% |
| Square foot | 3,827 | 2,108 | 90% |
| Lot Size | 43,364 | 9,283 | 95% |
| Price | $1.26M | $375.0K | 96% |
| Price per sq ft | $331 | $246 | 83% |
| Built year | 1998 | 2000 | 34% |
| HOA | $307 | $125 | 65% |
| Days on market | 41 | 2430 | 1% |
Mar 12, 2026
$1,265,000
Initial Listing